Gold

Gold Hovers Near Record Peak on Weaker US dollar; US Data Eyed

If inflationary pressures lead the Fed to keep rates high, gold's appeal as a non-yielding asset could diminish.

Gold Prices Inch Closer to $3,000: 3 Reasons to Invest Now

That's because paper currency can be devalued through monetary policy decisions, but gold's intrinsic value remains constant.

Gold Price Surge Dimmed Jewellery Demand in India

The gains are mainly attributed to the weakness in domestic currency against the dollar.

Elon Musk Urges US to Audit Gold at Fort Knox Base for First Time in over 50 Years

The senior advisor for President Donald Trump has shared a few posts to X criticizing the lack of annual audits determining the amount of gold there.

Goldman Sachs Raises Year-End Gold Price Forecast to $3,100

This should outweigh the drag from normalizing investor positioning, assuming uncertainty diminishes, Goldman Sachs added.

Safe-Haven Gold Set for Seventh Weekly Gain on Trade War Fears

Spot gold was up 0.3% at $2,936.79 an ounce by 0828 GMT, taking its weekly advance to 2.7%.

Central Bank Gold Demand Hit a Hat-Trick in 2024

The appetite for gold by central banks reached a major milestone during the previous year.

Gold Off Record Highs as Powell's Comments Douse Rate-Cut Hopes

Bullion is considered a hedge against inflation, but higher interest rates dampen the non-yielding asset's appeal.

Global Gold ETFs Begin 2025 with Positive Flows

The European funds recorded the largest monthly inflows to ETFs since March 2022.

WGC: Gold Investment Peaked to 4-Year High in 2024

According to the gold trade body, the annual gold investments totalled 1,180 tonnes in 2024.

Gold Prices to Remain Up, Reaching $3,000/Oz in Near-Term, says Citi

Meanwhile data from the World Gold Council showed global gold demand rose 1% to a record 4,974.5 metric tons in 2024.

World Gold Demand Hit Fresh High in 2024

The central banks played a crucial role in driving gold demand.

Gold Holds Near Record High as Trade War Stokes Haven Demand

The Bloomberg Dollar Spot Index rose 0.1%, after a 0.7% loss on Tuesday. Silver and palladium dipped, while platinum edged higher.

Gold Prices Steady Near Record Highs as Tariff Concerns Linger

Bullion is traditionally considered a hedge against both inflation and geopolitical uncertainty.